Investing.com – Nigeria equities were lower at the close on Friday, as losses in the Banking, Insurance and Oil & Gas sectors propelled shares lower.
At the close in Lagos, the NSE 30 fell 3.15% to hit a new 3-year low.
The biggest gainers of the session on the NSE 30 were Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD), which rose 9.64% or 0.08 points to trade at 0.91 at the close. Nig Brew (LAGOS:NB) added 3.97% or 3.67 points to end at 96.89 and Unilever Nig (LAGOS:UNILEVE) was unchanged 0.00% or 0.00 points to 39.04 in late trade.
Biggest losers included Guaranty Bnk (LAGOS:GUARANT), which lost 9.72% or 1.44 points to trade at 13.37 in late trade. Zenithbank (LAGOS:ZENITHB) declined 9.67% or 1.01 points to end at 9.44 and Access Bank (LAGOS:ACCESS) shed 9.38% or 0.39 points to 3.77.
Declining stocks outnumbered rising ones by 40 to 4 and 38 ended unchanged on the Lagos.
In commodities trading, Crude oil for February delivery was down 5.42% or 1.69 to $29.51 a barrel. Meanwhile, Brent oil for delivery in March fell 5.00% or 1.54 to hit $29.34 a barrel, while the February Gold contract rose 1.59% or 17.10 to trade at $1090.70 a troy ounce.
EUR/NGN was up 0.07% to 217.160, while USD/NGN rose 0.24% to 199.090.
The US Dollar Index was down 0.59% at 98.53.